too much money

June 25, 2007

Now I know I have a lot of debt.  And I know I don’t have a down payment for a house yet.  And I know that things take time.  But Black Enterprise posted an article about a woman right here in Philadelphia who found down-payment assistance from two different organizations to buy her first house.  So I decided to follow up on the leads in the article, to see if I could get similar assistance down the road.

Of course, the programs look great.  Of course, I make too much money to qualify for either of them - or for any of the other programs I’ve found in my searching thus far.  I make too little money to ignore the prospect of searching for first time home buyer assistance, and too much money to fall within 80% or less of the average median income for my metropolitan statistical area, which is somewhere above $70K.   I’m in that step-child 20%.  It’ll get even worse as I get raises and start putting away retirement assets and the like.  So far, it looks like I’m going to have to do this thing by myself.

(That doesn’t mean I won’t continue to look for help, though!)